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  • France, Germany and Italy have large and ailing pay-as-you-go public pension systems, very thin capital markets and low capital performance. Taking Germany as an example, the authors show that these three issues are closely linked. The suggest that looking at pension refom and capital market problems together sheds additional and new light on the continuing debate about advantages and disadvantages of pay-as-you-go and fully funded pension systems. (xsd:string)
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  • (Einkommens- und Verbrauchsstichprobe) (xsd:string)
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  • Einkommens- und Verbrauchsstichprobe-Bibliography (xsd:string)
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  • 1999 (xsd:gyear)
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  • 1999 (xsd:gyear)
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  • 99-48 (xsd:string)
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  • Pension Reform, Savings Behavior and Corporate Governance (xsd:string)
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  • techreport (xsd:string)
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  • (99-48), 1999 (xsd:string)
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  • Einkommens- und Verbrauchsstichprobe (EVSti) (xsd:string)
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  • 1999 (xsd:string)
  • EVSti (xsd:string)
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